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LEASE AGREEMENT WITH OPTION TO PURCHASE (Dated the day of, 2017)By and Between CITY OF ANAHEIM, a California municipal corporation and charter city, as LANDLORD andPOWERLINE PROPERTIES, LLC, a California
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What is lease agreement with option?
A lease agreement with option is a document that gives the tenant the option to purchase the property at a predetermined price after a certain period of time.
Who is required to file lease agreement with option?
The landlord and the tenant are required to file the lease agreement with option.
How to fill out lease agreement with option?
To fill out a lease agreement with option, both parties must agree on the terms of the lease, including the option price and duration.
What is the purpose of lease agreement with option?
The purpose of a lease agreement with option is to give the tenant the flexibility to purchase the property in the future, while also giving the landlord the security of a lease agreement.
What information must be reported on lease agreement with option?
The lease agreement with option must include the names of the landlord and tenant, the property address, the option price, and the duration of the option period.
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